Home Sectors Energy Recent Performance: Occidental Petroleum Corporation (NYSE: OXY)

Recent Performance: Occidental Petroleum Corporation (NYSE: OXY)

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Occidental Petroleum Corporation is in the oil and gas exploration and production industry and trades as part of the energy sector. The company CEO is Vicki A. Hollub. Occidental Petroleum Corp is in the business of exploration and production of oil and gas. It also processes, gathers, transports, stores, purchases and markets oil, condensate, natural gas liquids, natural gas.

Previous Intraday Trading Performance:

The OXY stock showed a previous change of -0.19% with an open at 64.48 and a close of 64.84. It reached an intraday high of 65.06 and a low of 63.94.

SeekingAlpha:  Notable earnings after Tuesday’s close

Liquidity:

The stock has a market cap of $49.0b with 755.0m shares outstanding, of which the float is 741.4m shares. Trading volume reached 5,424,672 shares compared to its average volume of 4,622,924 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Occidental Petroleum Corporation shares returned -3.66% and in the past 30 trading days it returned 7.23%. Over three months, it changed -9.09%. In one year it has changed -3.17% and within that year its 52-week high was 87.67 and its 52-week low was 56.83. OXY stock is 14.09% above its 52 Week Low.

Our calculations show a 200 day moving average of 74.71 and a 50 day moving average of 65.31. Currently OXY stock is trading -13.22% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

SeekingAlpha:  Energy Recap: Quick Hits – Energy News For The Week Ended Feb. 8, 2019

Earnings:

The last annual fiscal EPS for the company was reported at 1.7 that ended on 31st of December 2017, which according to the previous close, that is a PE of 38.14. Based on 10 analyst estimates, the consensus EPS for the next quarter is 1.12. The TTM EPS is 4.20, which comes to a TTM PE of 15.44.

The following are the last four quarter reported earnings per share:
09-30-2018:  1.77
06-30-2018:  1.10
03-31-2018:  0.92
12-31-2017:  0.41

The dividend per share is currently 3.12, which is a dividend yield of 4.81%. OXY stock may not have enough earnings to cover future dividends and still be able to invest in the business, therefore the dividend may be cut in the future.

Base on our calculations, the intrinsic value per share is 39.42, which means it may be overvalued by -64.50%

Indicators to Watch:

Based on the latest filings, there is 1.80% of insider ownership and 128.70% of institutional ownership. Short-interest is 15,529,096, which is 2.06% of shares outstanding. The short-interest ratio or days-to-cover ratio is 2.61. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 0.85

SeekingAlpha:  Energy Recap: Quick Hits – Energy News For The Week Ended Feb. 8, 2019

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 18.55%, return on assets is 9.05%, profit margin is 26.22%, price-to-sales is 3.75 and price-to-book is 2.28.

Company Scores:

All scores are out of six:
 1  :Valuation Score
 4  :Past Performance Score
 3  :Financial Strength Score
 0  :Future Growth Score
 6  :Dividend Score
 2  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.